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Technology Stocks : Signal Technology (now STCO)- a classic turnaround
STCO 0.00010000.0%Nov 7 9:30 AM EST

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To: Paul Lee who wrote ()6/11/1999 3:51:00 PM
From: Paul Lee   of 191
 
Signal Technology Gets $825,000 Navy
Subcontract

DANVERS, Mass. -- Signal Technology Corp. (STZ) received a multi-year
subcontract worth $825,000 from Lockheed Martin Corp. (LMT) to provide
components for the radar portion of a U.S. Navy early warning aircraft.

Signal Technology's Olektron unit will supply microwave components and
sub-assemblies for the radar of the Navy's E-2C aircraft, a spokesman said.

In a press release Friday, Signal Technology, a designer of electronic
components and systems, said shipment is scheduled from December 1999 to
December 2001.
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